Government budgets: Is the bond market broken for the average investor?
Government budgets: Is the bond market broken for the average investor? VIDEO SIGN OUT The regulators tell financial advisors that their clients need to have portfolios linked to their risk tolerance. Historically, this was accomplished with fixed income in portfolios. The rule of thumb was that the older you are, the safer your portfolio should be and the more fixed-income you should have. The problem for years now has been that bond yields have hit a level where the investor is worse off every year after inflation (tax and fees). For Canada, the entire bond market has a yield-to-wor...